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GameStop boss to step down as it seeks sixth CEO in four years

Move is latest in a series of changes since Chewy co-founder Ryan Cohen joined the board

GameStop said chief executive George Sherman will step down by 31 July, the latest in a series of changes to the video-game retailer’s leadership team since Chewy co-founder Ryan Cohen became a board member in January.

Cohen, who has been nominated as GameStop’s chairman, had urged the company to focus on e-commerce and reduce store count, among other initiatives. The company is now working to transform its decades-old bricks-and-mortar business to become more technology-centric.

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